Even if the end of an accounting period occurs between the signing of a note payable and its maturity date, the matching principle requires that interest expense not be accrued on a note payable until the note is paid.

a) true

b) false

The actual cost of direct materials is $10.50 per pound. The standard cost per pound is $11.75. 42) During the current period 10,000 pounds were used in production and 11,500 pounds werepurchased.

Weaver Chocolate Co. expects to earn $3.50 per share during the current year, its expected dividend payout ratio is 65%, its expected constant dividend growth rate is 6.0%, and its common stock currently sells for $32.50 per share.

A company purchased a two-year fire insurance policy on May 1, 2012. It paid the $2,400 premium in cash on the same date and recorded the entry with a debit to Prepaid Insurance for $2,400.

True or false: small ups and downs in real gdp follow a consistent, predictable pattern.

A sales representative at Universal Container needs assistance from specific product managers when selling certain deals. Product managers do not have access to opportunities, but need to gain access when they are assisting with a specific deal.

Jill recently accepted her first full-time job after graduating from college and has been with the company for almost two years now.

The acmeville metropolitan bus service currently charges $0.88 for an all-day ticket, and is used by an average of 513 riders a day.

Which of the following nonverbal signals is most likely to show confidence? A. Slouching B. Sarcasm C. Eye contact D. Sitting far apart from other people

Jennifer rates her employees on subjective attributes such as attitude, honesty, inspiration to others, leadership, or initiative. This is what type of appraisal?

The management of Arnold Corporation is considering the purchase of a new machine costing $430,000. The company's desired rate of return is 10%. The present value factors for $1 at compound interest of 10% for one through five years are 0.909, 0.